Minister of Finance Mr. Pierre Gramegna is leading a delegation of 70 top executives from the financial and related sectors to China. Reinforcing strengthened ties between the two countries, on the first day of his visit to Beijing, Minister Gramegna welcomed the signing of a Memorandum of Understanding between Luxembourg’s Central Bank and the People’s Bank of China, setting the framework for a future designation of a Renminbi clearing bank in Luxembourg… click here for the full press release